Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

Category: T

TURING TEST

Test that is used to evaluate a machine’s level of intelligence. Named after Alan Turing.

TWO STEP FLOW MODEL

Marketing strategy where messages that are not personal are first sent to the opinion leader then passed to the consumer.

TAX JURISDICTION

An area, city, municipality, county, country with its own distinct regulations for taxation.

TEAMWORK

Process of collaboration of people to attain a goal.

TECHNOLOGY

Information application to design, production and utilization of services and goods and organizing human activities.

TELLER’S CHECK

Bank written cheese on funds at another institution and signed by the teller. See cashier’s cheese.

TERMS OF SALE

Terms of delivery and payment agreed between the buyer and the seller.

TESTING

Means of quality control where capability of manufactured items to meet its requirement is determined.

THEORY X AND THEORY Y

2 sets of assumptions by managers about employees and which can be self-fulfilling prophecies. Theory X assumes that (1) people won’t like work and will avoid if possible and (2) they need

THIRD SECTOR

Non-profit or voluntary economy sector serving as ‘an intermediary space between business and government where private energy can be deployed for public good’ as stated by Jim Joseph. Also known as tertiary

THROUGHPUT

1. General. Productivity of a process, machine, procedure or system over a period of time and is expressed as a figure of merit such as output per hour, cash turnover or shipped

TIME AND MATERIALS (T&M) CONTRACT

Arrangement where a contractor is paid based on cost of direct labour and cost of materials, using equipment and an agreed upon additional payment covering contractor’s profits and overheads.

TIME PERIOD

Space of time that has an established date of beginning and ending.

TIME SLOT

Time bought by an advertiser to air a commercial on TV or radio.

TONNE OF COAL EQUIVALENT (TCE)

Unit of energy that is generated by burning one metric ton of coal that is equivalent to burning 5.2 barrels of oil, 890 cubic meters of gas that is 29.39 GJ, 27.78

TOPOGRAPHY

Depiction and study of relative position, distribution and elevations of natural and man made features evident in a landscape.

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